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Topic
Board Development & Technical Discussion
Re: Is there a payment protocol that can include a physical address?
by
tacotime
on 09/04/2015, 21:30:01 UTC
You can use stealth addresses to send the payment to a specific vendor with a stealth address, providing the extra data to recover the private key on a separate channel e.g. email. You can encrypt information like post address to the recipient using the ECDH shared secret and a symmetric key cipher.

So basically, the receiver posts
[recipient_email_address]&[stealth_address]

Sender sends this information to the receiver's e-mail address:
[shared_secret] (for encryption and recovery of private key)

then this other encrypted information in the e-mail:
[requested_items]
[txid_for_payment]
[where_to_ship_to]

Sender uses the derived pubkeyhash as an address and sends their funds there on BTC mainnet, receiver gets e-mail, decrypts all relevant information, recovers privkey for the address yet sent to.

I've been meaning to implement this (and indeed I've started a bit), but I've had other things to work on lately.